The Car Parks Nobody Uses, But Everyone Pays For

The ABC reported on a new Grattan Institute report finding Australia spends more than one billion dollars each year building off-street apartment parking that often sits empty. This episode argues that parking minimums are a hidden housing tax: a rule that quietly makes apartments more expensive, blocks supply, and forces people to pay for car spaces they may never use. Sources: - ABC News: Grattan Institute report calls for abolition of parking minimum requirements across Australia - Grattan Institute: Wasted space: Axe car-parking rules to cut the cost of housing - The Guardian Australia: Scrapping 86,000 new car parking spaces could save $5.2bn and drive down rents, Grattan report finds